|
Location |
|
Malawi is located in South Eastern Africa and is bordered
by Tanzania to the North East, Zambia to the West and Mozambique to South
East
and South |
|
Area |
118,485 square km |
|
Demographic Factors |
|
Total population (2005) |
12.4 million |
|
Lilongwe City |
669,114 |
|
Blantyre City |
711,233 |
|
Mzuzu City |
134,399 |
|
Zomba City |
101,423 |
|
Population Density (2005) |
104 per square km |
|
Population growth (2005) |
1.9% |
|
Life Expectancy |
39.1 years |
|
Literacy |
58% |
|
Urban population (2005) |
13.7% |
|
Economy |
|
Average Exchange Rate |
US$1 = MK141(Annual Average 2007) |
|
GDP per capita (2007) |
US$264 |
|
GDP at current market prices (2006) |
MK 342,092.0 million |
|
Real GDP growth (2007) |
7.9% |
|
Real GDP growth (2006) |
8.2% |
|
Annual Inflation Rate (2007) |
8.0% |
|
Annual Inflation Rate (2006) |
13.9% |
|
Corporate tax rate (Since 2001) |
30% |
|
Exports (FOB) – (2007) |
US$704.6million |
|
Imports (CIF) – (2007) |
US$1272.4million |
|
Public External Debt/GDP (2007) |
22.6% |
|
GDP composition (2004) |
|
Agriculture |
39.1% |
|
Distribution |
21.4% |
|
Manufacturing |
11.4% |
|
Finance and Professional Services |
8.9% |
|
Transport and Communications |
5.3% |
|
Mining and Quarrying |
0.9% |
|
Infrastructure |
|
Railroads |
780 km |
|
Paved Roads |
20% |
|
Air Passenger/km |
239,000 (2003) |
|
Political |
|
Head of State |
His Excellency Dr. Bingu Wa Mutharika |
|
Ruling Party |
Democratic Progressive Party (DPP) |
|
Main Opposition Parties |
Malawi Congress party (MCP), AFORD and
United Democratic Party (UDF) |
|
Independence Day |
6th July, 1964 |
|
Capital City |
Lilongwe |
|
Commercial City |
Blantyre |
|
Official Languages |
English and Chichewa |